MINNEAPOLIS -- University of Minnesota athletic director Mark Coyle received a total of $290,000 in bonus pay in his first two years on the job, the U disclosed this week.
Since he was hired in May 2016, Coyle has received an $850,000 salary and a $100,000 retirement contribution each year.
In addition, his contract calls for Coyle and President Eric Kaler to agree on a plan for “incentive compensation” based on the in-class and on-field performance of student-athletes and Coyle’s achievement of compliance and management goals.
In 2017, Coyle received the maximum $150,000 his contract allows for, the U said. Last year’s bonus was $140,000.
The Board of Regents on Friday formally approved a three-year contract extension for Coyle.
His new deal adds no new compensation but reduces the penalty Coyle must pay if he were to leave before his contract expires in 2024.
Kaler and regents agree Coyle has performed well since taking over for Norwood Teague, who quit in 2015 after sexually harassing two colleagues.
However, two regents opposed Coyle’s contract extension last week, saying it is inappropriate for Kaler, who is retiring next summer, to make such a long-term commitment to a key U employee.